06-Nov-2026 08:11:34
MOTHERSONAcquisition and merger
JPM on Samvardhana Motherson
OW, TP Rs 205 Q2 beat on revenue & EBITDA vs JPMe Part of reason for 2Q beat was that one acquisition came in ahead of expectations & also margin impact from consolidation was lower than expected FY27-29E revenue and EBITDA are broadly unchanged as were building-in ramp of acquisitions as well as margin expansion from 2HFY27 onwards Raise FY27-29E EPS by 1-4%
SAMVRDHNA MTHRSN INTL LTD